Union Defence Minister Arun Jaitley on Sunday said that demonetisation has succeeded in squeezing the funding of terrorists, leaving them cash-strapped

Union Defence Minister Arun Jaitley on Sunday said that demonetisation has succeeded in squeezing the funding of terrorists, leaving them cash-strapped.

Speaking at India TV mega conclave – Vande Mataram, Jaitley added that the note ban, announced by the Centre on November 8 last year, has also resulted in a sharp dip in the incidents of stone pelting in the Kashmir Valley.

“Demonetisation has squeezed the funding of terrorists. Incidents of stone-pelting have been dealt a blow,” said Arun Jaitley.